For saleTownhouse
$280,000
7574 E Fish Lake Rd
Maple Grove MN 55311
3 beds, 2 baths, 1,308 sqft
7574 E Fish Lake Rd is a 3 beds, 2 baths, 1,308 sqft townhouse home for sale at $280,000 in Maple Grove MN 55311. At 20% down it rents for an estimated $2,400/mo and returns $207/mo a month at a 7.6% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,400/mo
- Monthly cash flow
- $207/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.4%
- Max offer
- $259,000
Offer ≤ $259,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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